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MCS - Continental touts flexibility and efficiency in SCOOP/STACK - May 20, 2020
During Q1, Continental Resources’ Oklahoma assets averaged 152,010 boe/d (31% oil), down 7% sequentially but up 22% YOY. The company completed 31 operated wells during the quarter and is currently running three rigs, which it plans to reduce to two by year’s end. It expects to keep one completion crew active for the remainder of the year. The company says its predominantly HBP position gives it flexibility to adjust its development plans to market......
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